103 Redbud DrBatesvilleMS38606
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Batesville at 103 Redbud Dr, Batesville, MS, 38606 generates $3,083/mo in rent, after a $4,111/mo payment. Total monthly income is $3,083/mo. Return on cash invested sits at 10.18% in year one, and rental yield is 4.4% on a $839,900 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,049 over five years. Five-year ROI reaches 50.89% and total cumulative return in cash sums $140,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,083/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
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Listed by: Kay Nickle • Action Realty & Appraisal
Mls Name: NCMBR
Mls Provider:
Mls ID: #160466
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.